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Manchester Evening News
Manchester Evening News
Sport
Tyrone Marshall

Why Manchester United have seen their net debt and operating loss increase

Manchester United's net debt has risen by £95million in their latest financial results, with the club blaming the increase on dealing with losses as a result of the Covid-19 pandemic.

The results for the year to June 30, 2022, saw net debt increase from £419.5million to £514.9million, a jump of 22.7%.

But that rise is primarily down to the use of £100million on a 'revolving credit facility' to offset the £200million lost during the pandemic.

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